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Data centre firm DayOne considering SGX-Nasdaq dual-listing for US$5 bil IPO

The Edge Singapore
The Edge Singapore • 2 min read
Data centre firm DayOne considering SGX-Nasdaq dual-listing for US$5 bil IPO
Image: DayOne's 20MW Singapore data centre at Jurong East / DayOne website
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Data centre operator DayOne is "considering" a US$5 billion dual Singapore-Nasdaq IPO, according to Reuters, citing an unnamed source.

If so, this listing will likely be one of the first under the so-called Global Listing Board (GLB), which lets companies with a market cap of at least $2 billion list on both exchanges using the same prospectus.

Singapore-headquartered DayOne, according to various reports from months earlier, is expected to have a market cap of US$20 billion with the IPO.

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